Salesforce (CRM) Director Harris Parker Gifts 16,000 Shares

What Happened
Harris Parker (Slack co‑founder & CTO and Salesforce director) disposed of 16,000 Salesforce shares as a gift on August 28, 2026. The Form 4 reports the transaction code G (gift) with a reported price/value of $0.00, and the transfer was effected automatically under a previously adopted Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-08-28; Transaction type: Gift (code G).
• Shares transferred: 16,000; Reported price/value on Form 4: $0.00.
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes:
  • F1: Transaction executed automatically pursuant to a Rule 10b5-1 plan adopted Dec 18, 2025.
  • F2: Gift was to a charitable donor‑advised fund.
  • F3/F4: Some reported securities are held in a family trust and an LLC managed by the reporting person and spouse.
• Filing timeliness: Reported on the same date (2026-08-28); no late filing indicated.

Context
Gifts are typically charitable/planning transactions and do not necessarily signal the insider’s view on the company’s stock. The presence of a 10b5-1 plan indicates the transfer was pre‑arranged and automated. Holdings reported in trusts or LLCs reflect ownership structures and are common in insider filings.